An analyst has explained how Bitcoin could be positioned for new all-time highs (ATHs) if it can break through this on-chain resistance level. Bitcoin On-Chain Data Could Suggest This Level Holds Major Resistance In a new post on X, analyst Ali discussed Bitcoin’s current on-chain resistance. In on-chain analysis, the strength of support and resistance…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Bitcoin hit a record high on Tuesday with the price of the cryptocurrency rising above $69,000 for the first time. The celebrations were short-lived, as a sharp price drop followed. An impressive month-long price run saw Bitcoin go from $38,000 at the end of January to break the previous all-time high of 68,900.00 earlier today.…
Driven by mass inflows into the new ETFs, Bitcoin has recovered quickly after dipping to 60k following its new all-time-high on Tuesday. On Tuesday morning Bitcoin set a new all-time high of $69,300, which it managed to hold for approximately two minutes before sharply correcting 10% to $59,300. By Wednesday night Bitcoin had recovered to…
Bitcoin (BTC), the dominant cryptocurrency, has made history by briefly breaking its consolidation phase and reaching an all-time high of $70,000. Despite encountering resistance near this level, Bitcoin’s market capitalization has reached $1.3 trillion, showcasing its continued upward momentum. However, as the cryptocurrency faces a double top in the same price zone after almost three…
As Bitcoin (BTC) hit a new all-time high (ATH) of $125,708 on Binance yesterday, BTC exchange inflows are starting to show signs of slowing down. As a result, crypto analysts are confident that the top cryptocurrency by market cap may be on the cusp of a healthy rally. Bitcoin Exchange Inflows Slump Amid New ATH…
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While Bitcoin (BTC) has declined more than 13% from its fresh all-time high (ATH) of $126,199 recorded earlier this month on October 6, CryptoQuant contributor PelinayPA is confident that there is a 55% chance that the BTC top for this market cycle is not in yet. Bitcoin Top Not In Yet – More Upside Ahead?…
On Tuesday night Bitcoin achieved its highest price level in nearly two weeks, briefly hitting $71,722 before a sudden drop back to the $68,500 level. The bulls will have to fight to keep the previous all-time high of $69,000 steady as a support level before Bitcoin can make a fresh attempt to push higher. If…